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What will be the next major regulatory action against Robinhood by end of 2024?
2
Resolution / Starting Odds
SEC fine • 25%
State-level fine • 25%
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Other • 25%
Public announcements from regulatory bodies or Robinhood's official statements
Story
Robinhood Settles for $3.9M with California Over Crypto Withdrawals from 2018 to 2022
Sep 5, 2024, 12:10 AM
Robinhood Markets has reached a $3.9 million settlement with the state of California over issues related to cryptocurrency withdrawals. The settlement addresses the company's failure to allow customers to withdraw cryptocurrency from their accounts between 2018 and 2022. This decision was announced by California Attorney General Rob Bonta.
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No additional settlements or fines • 25%
One additional settlement or fine • 25%
Two additional settlements or fines • 25%
Three or more additional settlements or fines • 25%
Recordkeeping failures • 25%
Insider trading • 25%
Market manipulation • 25%
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Antitrust • 25%
Securities violation • 25%
Financial misreporting • 25%
Other • 25%
Increase in user base • 25%
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No • 50%
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